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Inflation for July 2011-July 2012 estimated at 4.5 percent

DUSHANBE, August 22, 2012, Asia-Plus  — According to data from Tajik central bank, inflation for the period from July 2011 to July 2012 has been estimated at 4.5 percent.

Last month, consumer prices reportedly rose 0.4 percent in Tajikistan: prices for products of food industry rose 0.5 percent; non-foodstuffs rose 0.5 percent; and prices and rates fro services rendered to the population rose 0.3 percent.

Meanwhile, inflation for January-July this year has stood at 2.9 percent.  According to the Agency for Statistics under the President of Tajikistan, prices for products of food industry have remained unchanged as compared to January-July of 2011, while non-foodstuffs have risen in cost by 4.1 percent in seven months to August 1, 2012.  Prices and rates for services rendered to the population have risen 13.0 percent in January-July this year.

An average monthly inflation rate for the same seven-month period has reportedly been estimated at 0.4 percent. 

We will recall that in a report released at a news conference in Dushanbe, Ms. Malohat Kholiqzoda, the deputy chairperson of the National Bank of Tajikistan (NBT), noted on January 19 that the government expects the year-end inflation to stand at 10.5 percent in 2012.        

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